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China's Alibaba Signs Digital Distribution Deal With Music Rights Group Bmg

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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Alibaba founder and chairman Jack Ma poses for media while touring the CeBIT trade fair in HanoverGermany's BMG music rights company said on Monday it had signed a music digital distribution deal with China's Alibaba Group Holding Ltd , as the world's largest e-commerce firm firms up its bid to become a digital media empire. The deal, one of the first in China made by a major music publisher rather than a label, will bring more than 2.5 million copyrights to Alibaba, whose music platforms already had many of the songs from artists including Kylie Minogue, the Rolling Stones and Jean-Michael Jarre, an Alibaba spokeswoman said. Alibaba has set its eyes on becoming an online-media powerhouse, with music, film and television.




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